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The GBP/USD outlook suggests a solid bullish rally as the pound gains on a mix of upbeat UK data and a weak dollar.
GBP/USD could face immediate resistance at 1.3200 (static level) ahead of 1.3270 (static level) and 1.3300 (round level). On the downside, first support could be spotted at 1.3150 (static level) ...
The U.S. Dollar Index slips to 99.01 as weak inflation and mixed labor data fuel Fed rate cut bets, lifting GBP/USD and EUR/USD outlook.
This gave way to significant selling pressure against the US Dollar in the second half of the week as Trump's abrupt shift on tariffs raised fresh concerns over US policy credibility, while a ...
In doing so, GBP/USD recorded over 1.5% gain over the week, rejoicing in the USD’s demise across the board. Markets smashed US assets such as Wall Street stocks, the Greenback and US government bonds ...